Last year stokes technologies had $350 million of sales and $150 million of fixed assets, so its fixed assets/sales ratio was 42.86%. however, its fixed assets were used at only 75% of capacity. now the company is developing its financial forecast for the coming year. as part of that process, the company wants to set its target fixed assets/sales ratio at the level it would have had had it been operating at full capacity. what target fixed assets/sales ratio should the company set? show your calculations, if any, and explain your answer.

0.3215 or 32.15%

Step-by-step explanation:

Data provided in the question:

Sales by Stokes Technologies = $350 million

fixed assets = $150 million

Fixed Assets/Sales ratio = 42.86%

capacity = 75%

Now,

Sales at full capacity =

or

Sales at full capacity =

or

Sales at full capacity =

or

Sales at full capacity = $466.67 million

Thus,

Fixed Assets/Sales ratio =

or

Fixed Assets/Sales ratio =

or

Fixed Assets/Sales ratio = 0.3214

or

= 0.3214 × 100% = 32.14%

x = 17

step-by-step explanation:

1st step: isolate x.

24 - 3x = -27

-24         -24

-3x   =   -51

2nd step: divide.

-3x     =   -51

  3             3

  x       =     17

hope this

the graph in the attached figure

step-by-step explanation:

we have

using a graphing tool

the graph in the attached figure

the roots are ( x-intercepts) x=-0.5,x=1,x=3

the y-intercept is the point (0,3)